My father wants to execute a gift deed in my favour for movable property (bonds and cash). What would be the stamp duty payable on such gift deed?
Rajesh D (Manager) 13 July 2022
My father wants to execute a gift deed in my favour for movable property (bonds and cash). What would be the stamp duty payable on such gift deed?
kavksatyanarayana (subregistrar/supdt.(retired)) 13 July 2022
In which State, as the stamp duties vary from one state to another state.
SHIRISH PAWAR, 7738990900 (Advocate) 14 July 2022
Hello,
Yes, stamp duty varies from state to state. In Maharastra, you can register the gift deed for the movable property to your father by paying a stamp duty of Rs. 200/-.
Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 ) 14 July 2022
In case of any other gift, Telangana stamp duty rate is 4%, transfer duty is 1.5%, and the Gift Deed Registration Charges In Telangana is 0.5% (min is Rs 1000 and max is Rs 10000) of the higher of market value or consideration of the property.1
Member Strength 9,48,004 and growing..
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
